Plan

New Development Projects to Bolster Dallas' Hotel Offerings

Dallas' hotel development market is expected to continue its rapid growth with 16 new projects, eight of which are located in Downtown Dallas. Ground-up construction and conversion projects totaling approximately $1.72 billion will add nearly 2,500 rooms to the city's inventory in the next three years.

New and upcoming hotel developments, all located in the Central Business District, include:

• Statler Hotel and Residences

Cost: $175 million

District: Downtown

Rooms: 161

Projected opening date: Fall of 2016

Dallas' historic Statler Hilton hotel will soon be flying the Hilton flag again after a $175 million redevelopment. The 59-year-old Downtown landmark, empty for more than a decade, will be converted into 161 hotel rooms and 219 residences. The project also includes meeting space, retail and office space, four restaurants and a hotel lounge.

• Westin Dallas Downtown

District: Downtown

Rooms: 323

Projected opening date: December 17, 2015

The new Westin Dallas, located Downtown, will include over 30,000 square feet of meeting space and new restaurant and bar space on the lower floors of the tower. Centrally located at 1201 Main Street, the hotel will be less than half a mile from Dallas' historic West End. The hotel will feature an outdoor public plaza featuring the Willow Pavilion designed to host weddings, meetings, and special events.

• Hampton Inn on 1700 Commerce

Cost: $35 million

District: Downtown

Rooms: 176

Projected opening date: July 2017

Irving-based hotel firm Newcrest Image LLC is converting the 21-story building into a Hampton Inn. The hotel will have 4,000 square feet of retail space on the ground floor. Construction will begin in December 2015.

• Residence Inn and AC Hotel on 1712 Commerce

Cost: $54.9 million

District: Downtown

Rooms: 244 (121 rooms for Residence Inn and 123 rooms for AC Hotels)

Projected opening date: July 2017

The 22-story Mercantile Commerce Building will be home to a dual-brand for Marriott, featuring Residence Inn and boutique hotel, AC Hotel. The hotel will also have 16,428 square feet of retail space on the ground floor and 360 guest and public parking spaces. Construction will begin in December 2015.

• Hilton Garden Inn Downtown

Cost: $80 million

District: Downtown

Rooms: 171

Projected opening date: Opened in September 2015

HRI Properties is converting the lower floors of the Downtown Pacific Office Tower into a Hilton Garden Inn. The upper floors of the 32-story building will have 186 residential units. The hotel is located 1600 Pacific Avenue across from Dallas' iconic Thanks-Giving Square and less than half a mile away from the Dallas Arts District.

• Marriott (Butler Brothers Hotel Development)

Cost: $90 million

District: Downtown

Rooms: 274

Projected opening date: February 2017

The historic, 104-year old Butler Brothers Building across from Dallas City Hall will be converted into a Marriott-branded hotel. The project will also include 238 residences, retail space and restaurants.

• Dream Hotel Dallas

Cost: $40-60 million

District: Uptown

Rooms: 128

Projected opening date: January 1, 2017

Dream Hotel is an upscale, boutique hotel to be located on McKinney Avenue in Dallas' trendy Uptown neighborhood. Construction began in April 2015. Dream Dallas will also feature a 6,000-square-foot restaurant and an underground parking structure.

• Aloft and Element by Westin

Cost: $40 million

District: Love Field

Rooms: 244

Projected opening date: December 2016

Plans are underway to build an eight-story, dual-branded Aloft and Element property by Starwood Hotels & Resorts just one mile west of Dallas Love Field. The $40 million hotel project is part of the 37-acre West Love project.

• Tower Petroleum Hotel Conversion / Saint Elm Hotel

Cost: $40 million

District: Downtown

Rooms: 150

Projected opening date: December 2017

The historic Tower Petroleum will be converted into a 150-room, $40-million boutique hotel. Preliminary plans include a ground-floor restaurant-bar in the lobby, meeting space, a fitness center, massage rooms, and a rooftop pool.

• Virgin Hotel

Cost: Unknown

District: Design District

Rooms: 200

Projected opening date: 2018

Virgin Hotels will open a 200-room hotel on Hi Line Drive at Turtle Creek Boulevard. The hotel will include multiple dining and drinking options, including its flagship Commons Club, a rooftop terrace with a pool, gym and spa. It's the fourth planned Virgin Hotels property in the U.S.

• Lorenzo Ascend Hotel

Cost: $35 million

District: Downtown

Rooms: 237

Projected opening date: mid-2016

The former Plaza Hotel at Akard and Griffin Streets is being renovated into the Lorenzo Ascend Hotel. This project transformation will turn a vacant building on the southern edge of downtown Dallas into a boutique hotel. The Lorenzo Ascend Hotel will have 237 rooms, a resort-style pool on the ground floor, and restaurant and a meeting space on the top floor. The developers will also build an industrial-style coffee shop made from steel shipping containers on the corner.

Hotel Renovations

• Omni Dallas - Improvements include:

· Four new restaurants for Omni Dallas Hotel within walking distance from the Kay Bailey Hutchison Convention Center Dallas. Restaurants will include Tex-Mex, sushi, pizza and wine bar and beer garden concepts.

· A new $27 million retail and parking garage, which will add 15,000 square feet of retail space and 350 parking spaces.

• Adolphus Hotel - The Adolphus renovation should be completed by the end of 2015. Improvements will include:

· A full renovation of the hotel's 24,000-square foot meeting space with new carpets, wall coverings, furniture, window, accent sconces, lighting, audio/video technology, and a remodeled business center.

· An additional 3,700 square feet of meeting space in the 19th floor

· Redesign and refurnishing of 407 guests rooms

· Concierge lounge on the eighth floor with 2,130 square feet of indoor and outdoor space

· A new seventh-floor rooftop pool and bar with cabanas, fire features, and food and beverage offerings

· Full service luxury salon and spas

· New décor and menu for the French Room, the hotel's restaurant

· A new all-day dining restaurant and coffee house

• Renaissance Dallas Hotel – The hotel completed a 30,000-square-foot meeting space expansion in November 2014 adding to 19,000 square feet of existing meeting space. The expansion qualifies for the LEED® Standard Silver status rating. There is a new 16,000-square-foot Grand Ballroom. The City View Ballroom and City View Terrace feature a built-in-bar, two meeting rooms, and 10,900 square feet of indoor and outdoor space.

• The Ritz-Carlton Dallas - The hotel underwent a $9 million upgrade with new guest rooms, corridors, club lounge space, and lobby areas:

· The Ritz-Carlton Club Lounge has been redesigned with hardwood flooring, mirrored ceilings, contemporary furnishings, plush pillows, and mother-of-pearl wall treatments. The lounge updated its food and drink menus.

· The lobby's walls now feature tonal light colors with modern accents of violet and rich blue. The Ritz-Carlton also invites guests to its Tequila Library in the lobby for sophisticated spirits and cocktails and freshly-made guacamole.

• Hilton Anatole – The Hilton Anatole announced that it will begin construction for a water attraction by the end of October. The $15 million project will convert a portion of the hotel's Sculpture Park and Tennis Court and will span about three acres. Features include: